State-run power giant NTPC Ltd on Wednesday announced commissioning of 45 megawatt (MW) solar capacity at Bhadla in Rajasthan taking the total installed capacity of the project o 160MW.
“The 45MW of Bhadla solar power project of NTPC in Rajasthan has been commissioned today. With this, the installed capacity of Bhadla solar power project has become 160MW and that of NTPC’s solar power projects has become 520MW,” a senior official said.
Last month, NTPC had commissioned 115MW capacity out of the 260MW Bhadla solar power project. NTPC has planned capacity addition of about 1,000MW through renewable resources by 2017.
The official further said that with commissioning of this additional solar capacity of 45MW at Bhadla, the total installed capacity of NTPC Group has reached to 48,188MW. NTPC has 10 solar PV projects. In Dadri it is of 5MW, the Andaman & Nicobar project is of 5MW, Ramagundam (10MW), Talcher Kaniha (10MW), Faridabad (5MW), Unchahar (10MW), Rajgarh (50MW), Singrauli (15MW), Anantapuram (250MW) and Bhadla (160MW).
NTPC intends to become a 130-gigawatt company up to 2032 with a with diversified fuel mix and a 600 billion units company in terms of generation. The company wants share of renewable energy (including hydro) to be 28%.
Last year in January, solar power tariff had dropped to a new low with Finland-based energy firm Fortum Finnsurya Energy quoting Rs.4.34 a unit to bag the mandate to set up a 70MW solar plant under NTPC’s Bhadla solar park tender.
Last month, lower capital expenditure and cheaper credit had pulled down solar tariff to a new low of Rs.2.97 per unit in an auction conducted for 750MW capacity in Rewa Solar Park in Madhya Pradesh.
In November 2015, the tariff had touched Rs.4.63 per unit following aggressive bidding by US-based SunEdison, the world’s biggest developer of renewable energy power plants.
NTPC has total installed capacity of 48,188MW from its 19 coal based, 7 gas-based, 10 solar PV, one hydro and 9 subsidiaries/joint venture power stations.
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